Payment Methods

Monthly Payment Plan

Aspen University created the Monthly Payment Plan so that students can build the cost of their degree
into their monthly budget. Students on the Monthly Payment Plan are charged once per month on the credit
or debit card provided.

One Payment Per Month

Associates Degrees

$250 per Month

Bachelor's Degrees

$250 per Month

Master's Degrees

$325 per Month

Doctorate Degrees

$375 per Month

How does it work?

Each monthly payment is applied towards the tuition costs and fees you incur while enrolled at Aspen University.
Your first monthly payment is due on the day you begin your first class.
You can stop monthly payments at anytime from your Student Portal.

Installment Plan

The Installment Plan allows students to pay their course's tuition in three equal monthly installments while
taking the course, instead of paying the course tuition in full before the course begins.
Students are required to pay all outstanding fees prior to utilizing the monthly installment plan payment method.

Pay Your Tuition in Monthly Installments

Associates Degrees

$750 per Course

$250 per Installment

Bachelor's Degrees

$750 per Course

$250 per Installment

Master's Degrees

$975 per Course

$325 per Installment

Doctorate Degrees

$1350 per Course

$375 per Installment

How does it work?

The first payment is automatically withdrawn from the credit or debit card provided on the 1st day of the
course, while the second and third payments are charged 30 days and 60 days after the course begins, respectively.

Financial Aid

Aspen University is approved by the U.S. Department of Education to offer federal student aid for many of our degree programs.

Aspen University's Federal School Code: 040803

Net Price Calculator

Aspen University provides a Net Price Calculator to help estimate educational costs.

Federal Grants

A Federal Pell Grant, unlike a loan, does not have to be repaid. Federal Pell Grants are only awarded to
undergraduate students who have not earned a bachelor’s or professional degree and students who are enrolled
in an eligible Post-baccalaureate teacher certification program if they meet certain requirements. Each
student is entitled to apply for a Federal Pell Grant. Eligibility is determined by the student's need,
the cost of attendance, and the amount of money appropriated by Congress to fund the program. The amount of
the grant is determined by a standard formula used by the Department of Education. The amount of the grant
available to the student will depend on the Expected Family Contribution (EFC) and the cost of attendance.

William D. Ford Federal Direct Loan Program (Direct Loans)

Direct Loan programs are low-interest loans for eligible students to help cover the cost of education.
Eligible students borrow directly from the U.S. Department of Education. The loan is then sent to the U.S.
Department of Education’s Common Origination and Disbursement Center (COD) and disbursed to the school
electronically through the G-5 website. The loans are serviced by the Direct Loan Servicing System.
Direct loans include Direct Subsidized, Direct Unsubsidized and Direct PLUS loans.

Direct Subsidized Loans

Direct Subsidized Loans are loans available to students with financial need. Undergraduate students may
borrow up to $3,500 for their first academic year, $4500 for their second academic year, and $5,500 for
their third or fourth year at a fixed interest rate established annually by the U.S. Department of Education.
The interest is paid by the federal government while students are in school and for six months after students
cease their enrollment. As of 7/1/13, for "first time borrowers" there is a 150% loan limit provision.
A first time borrower is an individual who doesn't have an outstanding balance on a Direct Loan or a FFEL
Program Loan on or after 7/1/13. This provision states that a student may not receive Direct Subsidized Loans
for more than 150% of the published length of the student's program of study.

Direct Unsubsidized Loans

Direct Unsubsidized Loan programs are available for students to borrow to help cover the additional education
costs regardless of family income and for those who may not qualify in whole or in part, for a Subsidized Loan.
A Unsubsidized Loan is not awarded based on financial need. The term “unsubsidized” means that interest is not
paid for the student so the student is charged interest from the time the loan is disbursed until the loan is
paid in full.

Direct Plus Loans

The Federal Direct PLUS loan is available to graduate or professional students enrolled at least half-time at
an eligible school in a program leading to a graduate or professional degree or certificate or to parents of
dependent students to help pay for the educational expenses of the student. PLUS loans are not based on need,
but when combined with other resources, cannot exceed the students cost of education.

Origination Fees

There may be an origination fee charged as an expense of borrowing one of these loans. The loan fee is a
percentage of the amount of each loan the borrower receives, and is subtracted proportionately from each loan
disbursement. This must be repaid. The loan interest rate is fixed and set on July 1st of each year.

Standard Payment (Credit or Debit Card)

Students use a credit or debit card to pay their tuition and fees prior to being enrolled in their scheduled courses.

Employer Reimbursement, Assistance and Discounts

Students receiving tuition reimbursement from their employer are eligible to defer their tuition payment
until after the course has ended. While deferring tuition payments, students are required to pay a $200
deferment fee per course which can be applied towards their tuition payment. Students must pay any outstanding
fees prior to being enrolled in their course. Aspen University will also accept payments directly from a
student's employer.

Additionally, Aspen University has partnerships with over 50 organizations to offer tuition discounts to
employees. Please make sure to provide your employer to your Advisor to determine if you are eligible for a
tuition discount.

Military Benefits & Payment Options

Aspen University's degree programs are approved for Veterans Administration (VA) education benefits through
the Montgomery GI Bill. Reserve and National Guard members may also be entitled to education benefits under
the Montgomery GI Selected Reserve program. Please visit www.va.gov for more information. Active duty military
personnel can apply for Tuition Assistance through their base's education office.

Military Benefits

In addition to participating in government education benefits, Aspen University also extends tuition benefits
to those who have served in the United States Military and their spouses.

Tuition Discount & Fees Waived

Master's Degree: $750 per Course

Doctoral Degree: $1,050 per Course

Fees Waived

Annual Technology Fee ($150 per year)

Graduation Fee ($100)

Providing Documentation

In order to receive Military Benefits, documentation must be provided to the Office of the Bursar,
or your Advisor. Acceptable forms of documentation include:

Military Transcripts

DD-214 (Discharge of Duties)

Letter from Commanding Officer

VA Letter Certifying Military Service

Benefit Documentation (TA form, COE, VA form 1905)

Government Issued Photo Identification

Spouses must provide either; A copy of your marriage license, your spouse's military documentation and a copy of your spouse's government issued photo identification.

DANTES: Defense Activity for Non-Traditional Education Support

Prospective students requesting Tuition Assistance can submit the DANTES Independent Study Form, signed by
their Educational Services Specialist or Commanding Officer.